Originally Posted by
FarmerGeorge
Hey guys, my feel is that the deeper you research BHP the more value you'll see. RIO perhaps the same but I'm not 100% as haven't looked into it as deeply myself.
Just a word of warning, if you follow the rule quoted from a post above:
"PE Calculation is often based on average capitalisation for the year (160+233.9 / 2) "
You will likely come into strife. I've never heard of a PE being calculated this way and am unsure where you would see this.
It's a little dangerous to talk in absolutes (especially on internet forums!) but I would 'always' use capitalisation (or the 'P') from a single point in time.